As industrial took off in 2020, so did new construction in Florida markets. In many of those areas, completions have reached historic levels.
Industrial Construction Takes Off In Florida Markets
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After $55M Sale, Logistics Firm To Replace Doral’s PepsiCo Plant With New Warehouse
Developers have scrapped a plan to create a new retail hub in Doral in the former PepsiCo bottling plant.
Instead, the 1960’s Brutalist style theater and plant will become a warehouse.
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Prologis Planning Multistory Warehouse In Miami
Prologis plans to build the first multistory dedicated warehouse in South Florida to serve a last-mile e-commerce provider.
Plans for the facility, in the Palmer Lake area on the east side of Miami International Airport, show how rapidly demand for industrial space has boomed in the region.
